Before the upcoming Lok Sabha elections, the government has given another big gift to the farmers. The Central Government has started a new scheme which can provide huge benefits to the farmers. Through this scheme, farmers can now avail loans against their grains kept in warehouses. Let us tell you that this loan will be given by the Warehousing Development and Regulatory Authority (WDRA).
To avail of the benefits of this scheme, farmers will have to keep their produce only in registered warehouses. Loans will be given to farmers based on their produce. It is noteworthy that this loan will be available at an interest rate of 7% and there will be no need to pledge anything for it. This complete information was given by Piyush Goyal, Union Minister of Consumer Affairs, Food and Public Distribution, on the occasion of the launch of WDRA’s e-Kisan Upaj Nidhi (Digital Gateway) in the capital Delhi on Monday (March 4, 2024).
Source: Krishi Jagran
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